Communication under language barriers

We study the welfare effect of language barriers in communication. Specifically, we compare the equilibrium welfare in a game with language barriers to that in the equivalent game without language barriers. We show how and why language barriers may (weakly) improve welfare by providing two positive...

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Bibliographic Details
Published in:Journal of economic theory Vol. 180; pp. 274 - 303
Main Authors: Giovannoni, Francesco, Xiong, Siyang
Format: Journal Article
Language:English
Published: Elsevier Inc 01.03.2019
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ISSN:0022-0531, 1095-7235
Online Access:Get full text
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